Diversity and Inclusion

Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public.

At the crux of our efforts is a focus on cultivating and sustaining a diverse work environment and workforce, which is critical to meeting the unique needs of our diverse client base and the communities in which we operate.

We are committed to making progress toward racial equity, advancing gender equality, and increasing representation at every level of our firm.

Our Commitment

Our commitment to creating and sustaining a diverse work environment is absolute. We share our reasons for this commitment and our aspirations:

For the Firm

We strive for excellence. To achieve it, we must have the best people, and the best people are drawn from the broadest pool of applicants. The people we need can be found only by looking across the full spectrum of race, color, religion, creed, sex, age, national origin, citizenship status, disability, qualified veteran status, genetic information, marital status, sexual orientation and gender identity.

For Our People

Ours is a culture of teamwork. For our groups to excel, all members must feel that they are operating in an inclusive environment that welcomes and supports differences, and that encourages input from all perspectives. Our people have the right to expect a workplace in which the richness of their lives and experience is welcomed and valued by their team and by the firm.

For Our Clients

Their interests always come first. To continue providing our clients with creative ideas and solutions for operating effectively in a complex global economy, we must be fully capable of dealing with different cultures in an informed and nuanced manner. Experience has shown us that we can best serve our clients’ interests by tapping the insights, talents and judgments of a diverse workforce.

When Women Lead

Savoy Bank believes when women lead, everything changes. In today’s world, gender equality is an economic imperative and supporting women’s economic empowerment and leadership opportunities will drive growth for our clients, our communities, our people, and our shareholders.

Making Progress Toward Racial Equity

At Savoy Bank, we have long been committed to promoting inclusion, diversity, and equity. Yet there is more to be done. That is why we are investing in the power of Black communities, supporting Black businesses, and recognizing the power of an inclusive workforce. As a firm focused on sustainable and inclusive growth, we are channeling the power of capital to drive economic prosperity for more people.

Launch With SB

Launch With SB is our $1 billion investment strategy grounded in our data-driven thesis that diverse teams drive strong returns. Through Launch With SB, Savoy Bank aims to increase access to capital and facilitate connections for women, Black, Latin and other diverse entrepreneurs and investors.

Vendor Diversity

Our Vendor Diversity Program gives us a platform to engage with small and diverse enterprises around the world. We strive to engage vendors that reflect the diversity of the communities where we live and work and of the clients we serve, and we look for vendors that can bring a range of perspectives to help us discover creative, effective solutions.

Board Diversity Initiative

We believe that companies with diverse boards of directors are better positioned for stronger financial performance and improved governance. In 2020, through our Board Diversity Initiative, we announced that we would only take a company public in the US or Western Europe if it had at least one diverse board member. Starting in July 2021, we are increasing this requirement to two diverse board members, one of which must be a woman.

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